Business Trusts Act 2004 · 2020 Revised Edition · Part 9 · Management and Administration
63D. Unitholders may require general meeting for resolution
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Any unitholder or unitholders of an unlisted registered business trust representing at least 5% of the total voting rights of all the unitholders having the right to vote on a resolution at a general meeting of the unitholders of the unlisted registered business trust may, within 7 days after —
the text of the resolution has been sent to the unitholder or unitholders in accordance with section 63C; or
the documents mentioned in section 62(3A) in respect of the resolution have been served on the unitholder or unitholders,(as the case may be) give notice to the trustee-manager of the unlisted registered business trust requiring that a general meeting of the unitholders of the unlisted registered business trust be convened for that resolution.
Where notice is given under subsection (1) —
the resolution is invalid even though it may have in the meantime been passed in accordance with section 63A; and
the directors of the trustee-manager of the unlisted registered business trust must proceed to convene a general meeting of the unitholders of the unlisted registered business trust for the resolution.